Trade Descriptions Act

, Trades Descriptions ActIn Britain, theTrade Descriptions Act or theTrades Descriptions Act is a law designed to prevent companies from presenting their goods or services in a dishonest or misleading way.n-singthe NLast year it was convicted and fined under the Trades Descriptions Act for placing For Sale boards on empty homes in the area.

1n-uncountTrade is the activity of buying, selling, or exchanging goods or services between people, firms, or countries.usu with suppThe ministry had direct control over every aspect of foreign trade., ...negotiations on a new international trade agreement..., Texas has a long history of trade with Mexico.

2verbWhen people, firms, or countries trade, they buy, sell, or exchange goods or services between themselves.They may refuse to trade, even when offered attractive prices...VThey had years of experience of trading with the West...V with nHe has been trading in antique furniture for 25 years.V in n♦
tradingn-uncountusu with suppTrading on the stock exchange may be suspended...

3n-countA trade is a particular area of business or industry.usu supp NThey've completely ruined the tourist trade for the next few years., ...the arms trade.

4n-countSomeone's trade is the kind of work that they do, especially when they have been trained to do it over a period of time.oft poss N, also by NHe learnt his trade as a diver in the North Sea..., Allyn was a jeweller by trade...

5v-recipIf someone trades one thing for another or if two people trade things, they agree to exchange one thing for the other thing.(mainly AM)They traded land for goods and money...V n for n (non-recip)Kids used to trade baseball cards...pl-n V nThey suspected that Neville had traded secret information with Mr Foster.V n with nTrade is also a noun., n-countI am willing to make a trade with you...in BRIT, use exchange

6v-recipIf you trade places with someone or if the two of you trade places, you move into the other person's position or situation, and they move into yours.(mainly AM)
(=exchange)Mike asked George to trade places with him so he could ride with Tod...V n with nThe receiver and the quarterback are going to trade positions.pl-n V n

7verbIn professional sports, for example football or baseball, if a player is traded from one team to another, they leave one team and begin playing for another.(AM)He was traded from the Giants to the Yankees...be V-edThe A's have not won a game since they traded him.V nin BRIT, use transfer

8v-recipIf two people or groups trade something such as blows, insults, or jokes, they hit each other, insult each other, or tell each other jokes.(mainly AM)
(=exchange)Children would settle disputes by trading punches or insults in the schoolyard...pl-n V nThey traded artillery fire with government forces inside the city.V n with ntrade downphrasal verbIf someone trades down, they sell something such as their car or house and buy a less expensive one.They are selling their five-bedroom house and trading down to a two-bedroom cottage.V P to ntrade inphrasal verbIf you trade in an old car or appliance, you give it to the person you are buying a new one from so that you pay less.He had a Rolls-Royce, and he traded it in for two matching silver Range Rovers...V n PRichard refused to trade in his old Canon cameras.V P n (not pron)→
trade-intrade offphrasal verbIf you trade off one thing against another, you exchange all or part of one thing for another, as part of a negotiation or compromise.They cynically tried to trade off a reduction in the slaughter of dolphins against a resumption of commercial whaling...V P n against nThere is a possibility of being able to trade off information for a reduced sentence.V P n for n→
trade-offtrade upphrasal verbIf someone trades up, they sell something such as their car or their house and buy a more expensive one.Mini-car owners are trading up to `real' cars...V P to nHomeowners will feel more comfortable and they may feel ready to trade up.V P

balance of trade(balances of tradeplural)A country's balance of trade is the difference in value, over a period of time, between the goods it imports and the goods it exports.(BUSINESS)n-countusu singThe deficit in Britain's balance of trade in March rose to more than 2100 million pounds.

fair tradeFair trade is the practice of buying goods directly from producers in developing countries at a fair price.n-uncountoft N n...fair trade coffee.

rag tradeThe rag trade is the business and industry of making and selling clothes, especially women's clothes.n-singthe NThe rag trade is extremely competitive, and one needs plenty of contacts in order to survive.

slave tradeThe slave trade is the buying and selling of slaves, especially Black Africans, from the 16th to the 19th centuries.n-singthe N...profits from the slave trade.

stock-in-trade, stock in tradeIf you say that something is someone's stock-in-trade, you mean that it is a usual part of their behaviour or work.n-singwith poss
(=staple)Patriotism is every politician's stock-in-trade...

trade association(trade associationsplural)A trade association is a body representing organizations within the same trade. It aims to protect their collective interests, especially in negotiations with governments and trade unions.n-count...one of the two main trade associations for antiques dealers.

Trade Descriptions Act, Trades Descriptions ActIn Britain, theTrade Descriptions Act or theTrades Descriptions Act is a law designed to prevent companies from presenting their goods or services in a dishonest or misleading way.n-singthe NLast year it was convicted and fined under the Trades Descriptions Act for placing For Sale boards on empty homes in the area.

trade fair(trade fairsplural)A trade fair is an exhibition where manufacturers show their products to other people in industry and try to get business.n-count

trade gap(trade gapsplural)If a country imports goods worth more than the value of the goods that it exports, this is referred to as a trade gap.(BUSINESS)n-countusu sing

trade-in(trade-insplural)A trade-in is an arrangement in which someone buys something such as a new car or washing machine at a reduced price by giving their old one, as well as money, in payment.n-countoft N n...the trade-in value of the car.

trade name(trade namesplural)A trade name is the name which manufacturers give to a product or to a range of products.n-count
(=brand name)It's marketed under the trade name `Tattle'.

trade-off(trade-offsplural), tradeoffA trade-off is a situation where you make a compromise between two things, or where you exchange all or part of one thing for another.(JOURNALISM)n-count...the trade-off between inflation and unemployment.

trade route(trade routesplural)A trade route is a route, often covering long distances, that is used by traders.n-count

trade secret(trade secretsplural)

1n-countA trade secret is information that is known, used, and kept secret by a particular firm, for example about a method of production or a chemical process.The nature of the polymer is currently a trade secret.

2n-countA trade secret is a piece of knowledge that you have, especially about how to do something, that you are not willing to tell other people.I'd rather not talk about it too much because I don't like giving trade secrets away.

trade surplus(trade surplusesplural)If a country has a trade surplus, it exports more than it imports.(BUSINESS)n-countThe country's trade surplus widened to 16.5 billion dollars.

trade union(trade unionsplural), trades unionA trade union is an organization that has been formed by workers in order to represent their rights and interests to their employers, for example in order to improve working conditions or wages.(mainly BRIT)n-countoft N nin AM, usually use labor union

trade unionismTrade unionism is the system, practices, and beliefs of trade unions.n-uncount

trade unionist(trade unionistsplural), trades unionistA trade unionist is an active member of a trade union.(BRIT)n-count

World Trade OrganizationTheWorld Trade Organization is an international organization that encourages and regulates trade between its member states. The abbreviation WTO is also used.n-proper

a portmanteau of 'employer' and 'voyeurism'. signifies the act of searching for an employer or the practice of an employer when looking to fill positions. The term places an emphasis on the secretive connotation of the word 'voyeur', denoting a clandestine and thus superior form of employment search

[Tech.] Ex.: Employerism is what one must engage in, if one wishes to embark upon a more productive job hunt!

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